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Trustee bank accounts
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NorthernTreecutter
Posts: 3 Newbie
My Partner & her Ex Sister in law have been made Trustees for her late brothers death in service payout. We've been informed that we need to open an account for the money to be paid in too,
Any recommendations please
Any recommendations please
0
Comments
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Metro Bank offer a current account for Trustees.
https://www.metrobankonline.co.uk/business/sector-services/products/trustee-banking/
You might try Buckingham BS, Skipton BS, UBL or United Trust Bank for deposit accounts.0 -
Thanks for this. Buckinghamshire offer a free account paying 2.5% (or so - we just need an account for a short term) interest with minimum £100. Skipton has a minimum of £10K. Metro Bank charge £150 opening plus £5 a month. I didnt try UBL or United Trust. Buckinghamshire commented they know they are one of a handful offering such accounts. Hopefully useful info for others.xylophone said:Metro Bank offer a current account for Trustees.
https://www.metrobankonline.co.uk/business/sector-services/products/trustee-banking/
You might try Buckingham BS, Skipton BS, UBL or United Trust Bank for deposit accounts.1
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